Lithium industry investors might take note of how well vehicles respond in this challenging context of climate and geography despite the fact that the North American marketplace is considered to be a relatively minor segment for future global EV demand.
The market has demonstrated strong confidence in the project since the latest press release sending the share prices up over 11 percent from $1.24 to just above the $1.40 range at which it is currently trading. The performance is particularly notable considering the downside pressure reflected in the weighted average Byron Capital Markets Lithium average which has seen depreciation close to 9 percent over the same time frame.
Canada Lithium Corp. (TSE:CLQ) closes the previously announced $10 million private placement to affiliates of BlackRock, Inc.
Glen Eagle Resources Inc. (CVE:GER) announces the results of the first twinned hole on its Authier property located 15 kilometres west of Canada Lithium near Val d'Or in Quebec.
Iranian leader Mahmoud Ahmadinejad won support for his country's nuclear ambitions and turned the spotlight squarely on lithium during his 3-day tour. While Iran is to help Bolivia conduct research on exploiting lithium, can Canada be far behind?
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